Cryptocurrency Bitcoin is trading at 26350 and continues to move as part of the development of growth and a bearish channel. BTC/USD quotes are located above the upper limit of the Cloud of the Ichimoku Kinko Hyo indicator. This suggests a short-term bullish trend for the digital asset. As part of the Bitcoin exchange rate forecast for September 15, 2023. A correction in the value of the asset and a test of the upper limit of the Ichimoku indicator Cloud near the level of 26005 are expected to develop. Where can we expect a rebound upward and an attempt to continue the growth of the Bitcoin cryptocurrency with a potential target at the level of 28405.
Bitcoin Forecast and Analysis for September 15, 2023
An additional signal in favor of the growth of the BTC/USD cryptocurrency will be a test of the support area on the coin price chart. The second signal will be a rebound from the upper border of the bearish channel. Previously, a weak signal was received for selling the Bitcoin cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 25665. The nearest resistance area for BTC/USD on the chart is at the level of 26846. The support area for Bitcoin is at the level of 25805.
Cancellation of this option for the growth of the value of the digital asset Bitcoin tomorrow will be a fall and a breakdown of the lower boundary of the Ichimoku indicator Cloud with quotes closing below the level of 25065. This option will indicate a change in the bullish trend in favor of a bearish trend and a continuation of the fall in the Bitcoin rate against the US Dollar on September 15, 2023. Expect an acceleration in the growth of BTC/USD quotes with a breakdown of the resistance area and closing of the price above the level of 26865.
Bitcoin Forecast and Analysis for September 15, 2023 suggest an attempt to develop a cryptocurrency correction and a test of the support level near the area of 26005. From where it is worth considering the continued growth of the Bitcoin rate with a potential target near the level of 28405. The cancellation of the rise option will be a fall in the value of the asset and a breakdown area 25065. This will indicate a continuation of the decline with a potential target near the level of 23605.
